The state holding agency ANGSPE is preparing a restructuring of the public financial pole. Conclusions of a strategic study launched at end-2025 are expected in the second half of 2026 and will set out restructuring scenarios.
Stanbic IBTC reported profit after tax of about $280 million (N371bn) for the nine months to September 2026, up 33% from the prior year. Gains came mainly from fixed income and currencies, with progress in digital lending and its Africa China banking business.
The Central Bank of Egypt and the Financial Regulatory Authority said stress tests on the ten largest banks, about 80% of sector assets, showed low to moderate capital and liquidity risk. The tests cover macroeconomic and climate scenarios and are continuously updated.
The CBN approved the nomination of Adedapo Olagunju, who has led JPMorgan's West African operations since 2018, as managing director of the proposed Nigerian merchant bank. The appointment is tied to the approval-in-principle for the new subsidiary.
The Development Bank of Ethiopia is preparing a framework to channel development finance through commercial banks, microfinance institutions and equipment lessors. Details such as eligibility, costs, guarantee coverage and timing have not been published.
MIDBANK has received FRA approval to set up a digital finance company focused on small and medium enterprises. The approval is for establishment, so the company still needs to be set up and licensed.
Standard Bank's Democratic Republic of Congo subsidiary reported a net profit of $18 million for the first half of 2026, according to Financial Afrik. The report is paywalled, so the figure rests on the headline and extract.
An ARDL model on monthly data from September 2022 to July 2025 finds that higher MDI capital, deposits and e-money inflows reduce credit risk in Uganda's microfinance deposit-taking institutions. The study was published open access on 24 October 2026.
